November 5, 2012
 
APK's sales proceeds rise 60% for Q3 2012
 
 
 

APK-INVEST concludes its third quarter outcome for 2012.


The proceeds from sales of products for nine months this year were increased by 60% in comparison with the same period in 2011. The volume of proceeds was UAH 562 million (US$69 million).


The enlargement of production facilities for last year allowed increasing the livestock of stockbreeding complexes at APK by 46%. The pedigree stock at stockbreeding complexes was increased by 34%.


The production of chilled pig's semi-finished products was increased by 40%. The volume of production for meat sausage products was increased by 56% during reporting period.


The production of mixed fodder was increased by 60% in comparison with nine months in previous years due to growth of livestock at stockbreeding complexes of APK-INVEST.


The land bank of the company was increased by 40%. The new lands for spring barley, sorgo and sunflower will be used in full during spring sowing campaign in 2013. Part of the lands will be used for seed plots to enlarge the range of seed material with high reproductions.


The number of corporate stores "Miasna vesna" was increased by 76% from 54 up to 95 outlets due to results from performance for nine months in 2012. The geography of trading chain spread to the east - Luhansk and Luhansk region.


At end October, APK-INVEST performed the modernisation for half carcass boning line, bringing the productivity of site up to 200 half carcasses per hour. The conveyor for half carcass packing and worktable by Voran (Austria) were installed during modernisation of workshops for boning, trimming and packing of half finished products.


The automation of half carcass delivery allowed increased working capacity due to changes in boning flowchart without introduction of additional working places.


The increase in production facilities of meat packing plant is carried out within implementation of strategic plan for development of APK-INVEST, which anticipates the operation of all divisions of the company at full capacity by 2015.

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